Invest in foreign currency. Or you could just short the dollar... oh wait, you can't. Only George Soros is allowed to do that, because regulations protect the peons like you and I from making such "bad" bets. :apologetic:

Did you ever hear of FOREX? I know people who do FOREX and make $500.00+ a day. But you have to have thick skin and be somewhat fearless while doing it.

11-08-2012, 11:41 AM

Starbuck

Quote:

Originally Posted by m00

Invest in foreign currency. Or you could just short the dollar... oh wait, you can't. Only George Soros is allowed to do that, because regulations protect the peons like you and I from making such "bad" bets. :apologetic:

Sure you can. UDN shorts the dollar, and to go long use UUP.
UDN:

Quote:

The PowerShares DB US Dollar Bearish Fund is based on the Deutsche Bank Short US Dollar Index (USDX) Futures Index (DB Short USD Futures Index). The Indexes, which are managed by DB Commodity Services LLC, are rules-based indexes composed solely of short USDX futures contracts. The USDX futures contract is designed to replicate the performance of being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.

UUP:

Quote:

The PowerShares DB US Dollar Bullish Fund is based on the Deutsche Bank Long US Dollar Index (USDX) Futures Index (DB Long USD Futures Index). The Indexes, which are managed by DB Commodity Services LLC, are rules-based indexes composed solely of long USDX futures contracts. The USDX futures contract is designed to replicate the performance of being long the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.

11-08-2012, 11:43 AM

m00

Quote:

Originally Posted by Starbuck

Sure you can. UDN shorts the dollar, and to go long use UUP.
UDN:

UUP:

Cool. I always thought because with a $1 short you could theoretically lose an infinite amount of money, that you had to some sort of minimum reserve on hand.

11-08-2012, 11:59 AM

FlaGator

A good study Bible, weapons, ammo and canned goods have always gone a long way to getting me through the crisis' of life :biggrin-new:

11-08-2012, 12:43 PM

Starbuck

Quote:

Originally Posted by m00

Cool. I always thought because with a $1 short you could theoretically lose an infinite amount of money, that you had to some sort of minimum reserve on hand.

Don't want to beat this investment thing to death, but it is a passion of mine. As far as most investors are concerned, there is almost no position that cannot be taken through the use of Exchange Traded Funds (ETF's) Long; short; metals; banks; currencies; foreign country - you name it, there is an ETF that expresses your direction.